Local logistics firm Mober has attracted a $2 million in seed money from investors led by RT Heptagon Holdings (RTHH).
The investment accelerates Mober’s integration of electric vehicles (EVs) into its fleet, aiming to revolutionize green logistics in the Philippines.
The company said with the new funding, it has expanded its EV fleet to 60 vehicles, enhancing its capability to meet the rising demand for eco-friendly logistics services.
“This move aligns with the global shift towards sustainable practices, significantly reducing the carbon footprint of delivery operations,” it said.
“A notable advancement in Mober’s strategy is the development of a Transport Management System, which not only optimizes delivery efficiency but also tracks the CO2 savings achieved through the use of EVs. This feature underscores Mober’s commitment to transparency and accountability in its environmental impact,” it added.